2021 Stop Loss Coverage

The contract is for 2021 Stop Loss Coverage for Cleveland Metroparks. The contract involves a self-insured employee health benefits program with stop-loss coverage. The program has three plan design options: High Premium-Plan A, Mid Premium-Plan B, and High Deductible/Health Savings Account-Plan C. The contract also includes dental and vision benefits. The stop-loss coverage provides individual claim caps and aggregate claim caps. The contract was awarded to Cigna, and the term is from January 1, 2021 to December 31, 2021. Key aspects of the contract include: • The self-insured program will continue for the 2021 plan year. • The Chief Executive Officer will reserve funds for potential costs of health care benefits. • The contract includes a well-being improvement incentive program. • The contract includes a medical buyout option. • The dental benefits will be provided by Cigna with a renewal rate cap increase of 3.92%. • The vision benefits will be provided by Cigna with a flat-rate renewal guarantee.